Aquaculture receives FM's attention, Avanti Feed, Waterbase soar
The Finance Minister has announced a Rs. 10,000 crore allocation for fisheries, aquaculture and animal husbandry funds. This is going to go a long way in improving the standard of animal rearing in the country and may even significantly improve the quality of meat available in the market.
Furthermore, the government proposes to extend Kisan credit card facility to fisheries & animal husbandry farmers.
With this announcement stock like Avanti Feed, Waterbase and Apex Frozen Foods spikes more than 11 per cent, 4 per cent and 5 per cent respectively.